Ethereum Price Rises 7% Following Whale’s Acquisition of $50 Million Worth of ETH on Binance
After experiencing a slight decline below the $3,000 mark amidst increasing tensions between Israel and Iran, the Ethereum price has made a remarkable recovery, surpassing $3,150 at the time of writing. This significant surge in ETH value can be attributed to large investors, known as whales, who have been strategically acquiring substantial amounts of Ethereum from exchanges, taking advantage of market downturns.